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Wednesday, October 15, 2008

Switching Corps

Thanks to the wonderful corp theft of Sunday, yesterday was spent moving ships around and getting in the new corp.

Note to any newbie forming his first corp (It's been written before but needs to be emphasized):

ONCE YOU FORM A NEW CORPORATION - GRAB THE INITIAL 1000 SHARE BEFORE YOU ACCEPT THE FIRST APPLICATION FROM ANYONE.

After the corp is formed the shares can be distributed if necessary or according to an investment plan. The problem is that if the corp is left with it's own shares under it's own control, any director can then grab them and take over the corp. To re-itterate: ANY DIRECTOR CAN TAKE CONTROL OF CORP OWNED SHARES AT ANY TIME.

So we made a new corp. Just waiting out the time it takes to get the corp back in the militia.

3 comments:

CrazyKinux said...

Ouch, that must have hurt! lol

CrazyKinux

Letrange said...

well not me personally because I knew this one before I created my first corp. But it turns out the previous and current CEOs of the combat corp participating in FW involved did not. Not being a director of the corp there was no way I could have spotted this one either.

Anonymous said...

Oh damn bro I'M sorry for your loss, corp theft is the most devious of practice.